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Pathalys raised $105M in a Series B round led by TCGX to support clinical trials and advance SHPT drug approval.

PRIVATEAug 21, 2024

Amount Raised

$105 Million

Round Type

Series B

RaleighBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma

Investors

Da Vita Venture GroupCatalys PacificJPS Growth Investment Limited PartnershipKB InvestmentMarshall WaceSamsara Bio CapitalJp Morgan Life Sciences Private CapitalTcgx

Description

Pathalys Pharma has secured $105M in a Series B financing round to support its clinical trials, file a new drug application (NDA) with the FDA, and accelerate preapproval commercialization preparations. This funding will help advance their lead candidate, upacicalcet, towards approval.

Quick answer

Pathalys Pharma raised $105 Million in a Series B round, dated August 21, 2024. Investors: Da Vita Venture Group, Catalys Pacific, JPS Growth Investment Limited Partnership, KB Investment, Marshall Wace, Samsara Bio Capital, Jp Morgan Life Sciences Private Capital and Tcgx. Pathalys Pharma is based in Raleigh, North Carolina, United States.

How much did Pathalys Pharma raise?
Pathalys Pharma raised $105 Million in a Series B round on August 21, 2024.
Who invested in Pathalys Pharma?
Da Vita Venture Group, Catalys Pacific, JPS Growth Investment Limited Partnership, KB Investment, Marshall Wace, Samsara Bio Capital, Jp Morgan Life Sciences Private Capital and Tcgx are named as investors in this round.
What does Pathalys Pharma do?
Pathalys Pharma, Inc. is a private, late-stage clinical biopharmaceutical company committed to the development of multiple advanced therapeutics that address unmet needs in the management of ESKD.
Where is Pathalys Pharma based and how big is it?
Pathalys Pharma is based in Raleigh, North Carolina, United States. Fundz records about 7 employees.
Who are the decision-makers at Pathalys Pharma?
Fundz holds 1 contact at Pathalys Pharma. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Pathalys Pharma

Location

Raleigh, North Carolina, United States

About

Pathalys Pharma, Inc. is a private, late-stage clinical biopharmaceutical company committed to the development of multiple advanced therapeutics that address unmet needs in the management of ESKD. Pathalys' initial asset is upacicalcet, a novel calcimimetic with the potential to improve the treatment of SHPT in hemodialysis patients. Beyond upacicalcet, Pathalys continues to identify other high priority needs and potential solutions for patients with ESKD.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pathalys Pharma raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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